The Eclectic (OLI) Paradigm of International Production: Past, Present and Future
Published on Jul 1, 2001in International Journal of The Economics of Business
· DOI :10.1080/13571510110051441
This article describes the origins, and traces the subsequent evolution of the eclectic paradigm from the mid-1950s to the present day. It does so in the light of the changing characteristics of MNE activity and of the global economic scenario. The article concludes by asserting that the eclectic paradigm still remains a powerful and robust framework for examining contextual specific theories of foreign direct investment and international production.